by Global Lifestyle Properties

Check Availability
$1,500,000
● Land - For Sale

61 NW 17th Pl

Miami, FL 33125
bedrooms
Studio
bathrooms
0 Bath
$8,206
Est. Monthly

About This Property

Multifamily Development Project for Sale – Ready to Build

Exceptional investment opportunity in the Orange Park subdivision, located just minutes from LoanDepot Park and Downtown Miami, two of Miami's most desirable and growing areas.

This project is currently in the final stage of approval (Process #BD24-026131-001) with final plans approval expected within 30 days or less, making it a near shovel-ready development.

Project Highlights:

12 Residential Units

Each unit: 2 Bedrooms / 2 Bathrooms

Projected Rent: $2,600 per unit

Estimated Gross Monthly Income: $31,200

Estimated Gross Annual Income: $374,400

With strong rental demand in the area and proximity to downtown Miami, this project presents a rare opportunity for developers and investors looking for a high-yield multifamily asset.

Almost ready to break ground. Contact us today for more information.
Unit Size
-
Days on Market
254 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$840
HOA Dues
-
Year Built
1928

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Last updated: 3 months ago (Miami MLS #A11977546)

Price History

Date / Event Date Event Price
Mar 6, 2026 Listed by BRS $1,500,000
Listed by BRS
Sep 15, 2021 Sold
Sold
May 22, 2019 No longer available -
No longer available
Nov 7, 2018 Listed by Best Connections Realty Inc $465,000
Listed by Best Connections Realty Inc
Attention Developers, Investors and Entrepreneurs: Orange Park Subdivision has a great opportunity awaiting it's new owner! If you have been looking to add to your portfolio, build to sell or simply own for positive cash flow - then dig your interest into this unique opportunity. This property is being sold for Land Value. (((T4-R))) That's right! This market is hot and the area calls for more units. Just a few blocks from the major highways - connects to all major areas of Miami such Brickell, the Beaches, Downtown, Midtown...reach the whole town Because this property is CENTRAL CENTRAL CENTRAL! Call the Listing Agent for more details and let's make a deal!

Property Highlights

Exterior Details
Building Name: ORANGE PARK
Building Area Units: Square Feet
Lot Features: Inside Lot, Regular Lot
Lot Size Area: 7000
Lot Size Units: Square Feet
Lot Size Acres: 0.1607
Lot Size Square Feet: 7000
Lot Size Dimensions: 50x140
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $10,082
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 17
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,161
  • Gross Building Area: 1,161
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ORANGE PARK
  • Land Acres: 0000000161
  • Standard Land Use Code: 8002
  • County Land Use Code: 1066
  • State Land Use Code: 001
  • Legal Description 1: ORANGE PARK PB 1-109 LOT 8 LESS W2FT FOR ST BLK 2 LOT SIZE 7000 SQUARE FEET

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005406

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 239
  • District: 01
  • Parcel: 01-4103-012-0210
  • Block: 2
  • Lot: 8
  • Meridian: SEC 03 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7739
  • Longitude: -80.2241

    Address

  • Full Address: 61 Nw 17th Pl
  • Address - House Number: 61
  • Street Direction: NW
  • Address - Street Name: 17th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Miami
  • Carrier Code: C074
  • 4-Digit Zip Code: 5403
  • Zip Code: 33125

Valuation

    Tax

  • Total Area: 1,021
  • Tax Year: 2023
  • Tax Amount: $1,080,107
  • Tax Rate Code Area: 100

    Market Valuation

  • Market Total Value: $525,436
  • Market Land Value: $525,000
  • Market Improvement Value: $436

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,436
  • Assessed Land Value: $525,000
  • Assessed Improvements Value: $436

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0681359
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 61 Northwest 17th Place built and last sold?
The property at 61 Northwest 17th Place was built in 1928 and last sold on Sep 2, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 61 Northwest 17th Place is $1,515,000.
What are some comparable homes to 61 Northwest 17th Place?
There are currently no comparable homes to 61 Northwest 17th Place.